Director of Finance

Basic Purpose and Objective Lead the Michigan Finance Shared Services Team. The accurate reporting of the financial health of the company as well as the recommendation/assistance of cost saving measures Specific Duties and Responsibilities: Lead Michigan Finance Shared Services Team: 2 Staff Accountants, Accounts Payable, Accounts Receivable and Cost Accountant

Perform / supervise monthly divisional & consolidated financial close

Complete Monthly Financial Reports and Controllers Report including a written summary of Sales, Mix, Operational, Working Capital and Cash Flow Variances from Budget

Monthly submissions to corporate

Includes ongoing communication with leadership team on performance to budget

Weekly/Monthly Metrics Reports and Executive Staff Meeting Involvement (e.g. Sales to Budget, Efficiency, Spending to Budget, Inventory, Pounds Produced per Line/Man hours, Sales Paretos etc. as requested by both plant and financial management)

Prepare Weekly Cash Forecasting

Authorize weekly wire transfers

Perform or supervise all balance sheet account reconciliations including inter-company, fixed assets and bank reconciliations

Track and minimize working capital requirements

Maintain Inventory Reserves according to company Policy

Minimize inventory obsolescence though ongoing monitoring & supervision

Initiate Inventory Reporting to further identify specific Excess, Inactive and Obsolete Inventory and develop a disposition policy that includes maximizing customer recoverable for Raw & Fab. and minimizing part balance-out obsolescence

Compliance with corporate quarterly, annual and interim reporting requirements

Coordination of Internal and External Interim and Year-End Audits

Coordination and completion of annual divisional and consolidated budget

Supervision of Physical Inventories as necessary

Strategic involvement for initiatives in product costing, pricing, sales trends, manufacturing trends and miscellaneous financial initiatives

Administration of Commissions & Bonuses

Perform quarterly Labor and Burden analysis

Maintain and develop internal controls and procedures related to shipping, receiving, A/P, inventory & cycle counting, annual physical inventory, scrap reporting, etc.

Monitor and track cost reduction and continuous improvement initiatives (both budgeted and unbudgeted)

Various other accounting duties as requested

Safety:

Follow all safety requirements to avoid injury to self and fellow employees.

Create and maintain a safe work environment; repair and/or report non-conformances to company safety policies and guidelines

Perform the necessary safety requirements to avoid injury to self and fellow employees